£357,939
This estimated value is based upon the latest sale price for the house of £295,000 on 16 Mar 2020. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £295,000 | 16 Mar 2020 |
| Detached |
| Freehold |
| Floor Area: 253 sq meters or 2,723 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTH EAST LINCOLNSHIRE to estimate the market value.
When this house was purchased in March 2020 the House Price Index for NORTH EAST LINCOLNSHIRE was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £295,000 results in an estimated price of approximately £357,939.
| 16 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £295,000 | £62,939 | £357,939 |
The Postcode Pricing Model uses changes in average sales price within the DN32 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 8.504 % | £25,086 | £320,086 |
| 3 Month Average | 16.352 % | £48,237 | £343,237 |
| 6 Month Average | 18.544 % | £54,705 | £349,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £266,596 | £262,500 | 28 DEVONSHIRE AVENUE |
| 18 Dec 2023 | £185,706 | £180,000 | 31 EASTWOOD AVENUE |
| 13 Sep 2023 | £363,002 | £355,000 | 16 EASTWOOD AVENUE |
| 1 Sep 2023 | £163,607 | £160,000 | 102 WELHOLME AVENUE |
| 23 Jun 2023 | £209,192 | £205,000 | 98 WELHOLME AVENUE |
This house has a floor area of 253 sq meters or 2,723 sq feet when measured on 12 Dec 2019. Using an estimated price of £357,939 means this house is valued at £1,414 per sq meter (£131 per sq foot).
The average size of a house on WEELSBY ROAD is 157 sq meters (1,698 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Devonshire Avenue |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Eastwood Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Welholme Avenue |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Eastwood Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welholme Avenue |